Letting your property is a fantastic way to invest however we know that the process can sometimes seem challenging. Not to worry, as DBK Estate Agents are here to help you from beginning to end. We have broken the process down for you to better understand what to expect. Here are just a few reasons why Landlords choose us …
“First impressions count! It only takes a minute for a prospective tenant to decide whether they like a property, so it’s essential for your property to look it’s best as it could ultimately pave the way to a faster rental”
The next step is to arrange for a property valuation. You can do this by contacting either of our branches. DBK provide free non-obligation market appraisals with no obligation to use us for letting or management. Please refer to Landlord Services and Fees to see the range of flexible services available to you.
The following steps will take place:
We are now ready to showcase your property and find you a suitable tenant!
Sit back and relax, it’s over to our Lettings team to do what they do best! We provide wide coverage across all major property portals as well as our website and office window display – enabling the best exposure for your property. As soon as viewings commence, we will provide you with timely feedback. Once we have found a suitable tenant, we will then carry out due diligence and ensure the necessary referencing are in place.
Once we have found a suitable tenant, there will be some paperwork to fill out before the tenancy can start, however our trusted lettings team members will take care of this and guide you throughout the process. DBK will carry out due diligence and ensure the necessary referencing are in place prior to the tenancy agreement being signed.
Our next step is to draw up a tenancy agreement, which outlines all the exact terms of the contract between you and your tenant. DBK have a thorough template which fully covers all aspects of the tenancy. Our Lettings team will provide both you and your tenant, a copy to check and sign before the tenancy can begin. You will both receive a fully signed tenancy agreement.
An inventory is a detailed record of all contents and the condition of your property, assessed and drafted by a professional external company, this is typically carried out on the day of your tenant moving in. Although not mandatory, we strongly advise that an inventory is arranged and can recommend an impartial, specialist inventory company. Note that this will ultimately cover all aspects of the property contents and condition if damaged. Mid-term and end of tenancy inventory inspections can also be carried out to check that nothing is missing or damaged. A copy of the inventory will be provided to both you and your tenant. Fees apply.
Before the tenancy starts, a deposit will be taken on your behalf from the tenant. Once we have confirmed receipt of this, your tenant can move in. If you have arranged an inventory, the clerk will make sure your tenant receives the keys on the day of moving in.
DBK have successfully let your property!
We provide a range of flexible landlord services. Your personal Lettings Consultant will discuss these with you, to help establish which service is right for you. Please feel assured that you are in safe hands as DBK are members of UKALA with Client Money Protection (CMP) and the Government approved Property Redress Scheme (PRS). These allow our team to follow the correct Codes of Practice and provide our customers with assurance and protection with their money, plus free and fair redress in the unlikely event of an unresloved dispute involving our agency.
To comply with the law, agents taking client money must:
To comply with requirements set by UKALA for handling of client money an agent must:
Under our Fully Managed service, we include all of the services listed below, at 10% (12% incl VAT). In addition, we also offer a Rent Collection service at 8.5% (10.2% incl VAT) and an Introduction Only service at 6% (7.2% incl VAT).
|Up to date market appraisal and advice
|Marketing – Rightmove, Zoopla, Prime Location, DBK website, Social Media, Shop front displays, Personalised brochure and matched against our extensive list of applicants
|Accompanied viewings where needed
|Negotiating tenancy terms
|Tenant referencing and credit checks*
|Drawing up the tenancy agreement*
|Registering deposit monies with the DPS
|Ensure you comply with changing legislation
|Tenancy renewal, negotiation and documentation
|Chasing rent arrears
|Arrangement of check out inspections*
|Sole point of contacts for rental enquiries
|Arrangement of gas and electrical certificates*
|Transfer of utilities
|Arrange any necessary repairs and maintenance with our approved contractors*
|Pay contractors and other invoices on your behalf*
|Agree and negotiate end of tenancy deposit
|Provide monthly and annual invoices and statements
Energy Performance Certificate (EPC): £85 incl VAT
Gas Safety Check: £85 incl VAT. CO2 Detectors £40
Electrical Installation Condition Report (EICR): From £150
Fuse Box Replacement and EICR: From £550
Rent Guarantee: £350
Tenant / Guarantor Reference: £50 incl VAT
Set-up/ Renewal of AST: £150
Inventory: Studio £130. 1 Bed £145. 2 Bed £160. 3 Bed £185. 4 Bed £210. 5 Bed POA
Professional Cleaning: POA. from £200 depending on property size
Project Management for major works exceeding £500: From 20% of contractor invoice
Sale of Property to Tenant: 1% plus VAT
An EPC provides information on the estimated energy efficiency of a property and rates this on an alphabetical scale A (most efficient) to G (least efficient).
Note that properties with low ratings such as F, G are going to be a lot more expensive to run, and would indicate that there is hardly any insulation, windows are likely to be single glazed etc. Making the recommended changes are going to add value to the property.
From April 2018, new legislation states that rental properties much have a rating of E or above to attract new tenants, before the property is marketed to let. From 1st April 2020, the new minimum energy efficiency standards (MEES) will also affect continuing residential leases – so as well as prohibiting new leases below the EPC baseline of E, leases already in progress will have to comply with the regulation too from this date. Failure to comply could lead to fines of up to £5,000.
For more information on how we can arrange your EPC immediately, please contact your local DBK office.
Really great service and friendly approach. Very happy with the outcome. My experience was great and I would recommend to others.
Found the speed, professionalism and down to earth nature of the agents refreshing. Realistic expectations were set on rental valuation and feedback given on prospective tenants on a regular basis. Prospective tenants found within weeks but agreed contract with another agent just before. Will definitely use DBK again however.
Both Aman and Taran were consistently on time, professional and knowledgeable. It took longer than expected for my property to be rented out, but Taran consistently applied the same high-level commitment in ensuring the right tenant was found. They are both knowledgeable and provided strong guidance on options available to me. At all times they were both polite, reassuring, supportive, understanding and open. At no point did I feel pressured to commit to them which made my decision to work with them easier. I would recommend DBK.
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Meet the team at DBK Estate Agents